General Motors Co will cut car production, stop building several low-selling car models, and slash its North American workforce, sources said on Monday, marking its biggest restructuring in North America since its bankruptcy a decade ago.
Oil rose above $60 a barrel on Monday, recovering some of the previous session’s near-7 percent fall, although uncertainty over global economic growth limited the gains.
The incoming chief executive of Europe’s Airbus hinted on Monday at a decision next year on whether to launch the A321XLR, a longer-range version of its best-selling A321 single-aisle jet.
Management addition comes as FSD accelerates specialty cannabinoid pharmaceutical global expansion strategy TORONTO, Nov. 26, 2018 – FSD Pharma Inc. (“FSD Pharma” or “FSD”) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) announced today the appointment of […]
Deutsche Telekom is set to win unconditional EU antitrust approval for its bid to buy Swedish peer Tele2’s Dutch unit, people familiar with the matter said on Monday.
U.S. stocks opened higher on Monday, as optimism of a robust holiday season powered gains in shares of retailers and technology stocks bounced back after a brutal sell-off last week.
Wall Street was set to open sharply higher on Monday, following a steep sell-off in the previous session, buoyed by easing oil prices and hopes of a robust sales in the holiday season.
Argentina is on the verge of signing a deal with the United States that would allow two-way trade of fresh beef for the first time in nearly two decades, the South American country’s international trade secretary, Marisa Bircher, told Reuters.
Airbus delivered its first A330neo jet to TAP Portugal on Monday as it seeks to trump U.S. rival Boeing in the fiercely competitive battle at the lower end of the market for long-haul jets.
General Motors Co plans to announce as early as Monday it will significantly cut car production in North America and stop building some low-selling car models, a source briefed on the matter said.
Oil prices rose above $60 a barrel on Monday, recovering some of the previous session’s near-7 percent fall, although uncertainty over global economic growth limited the gains.
U.S. stock index futures rose on Monday, bouncing back from a steep sell-off in the previous session, buoyed by easing oil prices and hopes of a robust sales in the holiday season.
Kering said on Monday it would develop its own online shopping sites by 2020, ending an outsourcing joint-venture for brands like Balenciaga and showing how major luxury companies are speeding up e-commerce plans.
Airbus is poised to resume stalled deliveries of jets to China’s debt-laden HNA Group, an Airbus schedule showed on Monday, but deliveries of over $1 billion of large jets remain behind schedule after months of wrangling over late payments.
Oil prices rose on Monday, scraping back some of the losses after the previous session’s near-7 percent fall, although a darkening demand outlook and uncertainty over global economic growth limited gains.
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